Job Details

Internal Control and Risk Specialist
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Position Number: 5814575
Location: Albany, NY
Position Type: Business - Finance

Internal Control and Risk Specialist

Category: Administrative and Professional
Department: Compliance
Locations:Albany, NY
Posted: Nov 18, 2024
Closes: Open Until Filled
Type: Exempt
Position ID: 183162

About The Research Foundation for SUNY:

The Research Foundation for The State University of New York (RF) is the largest comprehensive university-connected research foundation in the country.

Our mission is to provide talent, services, and technology that empower SUNY to research, innovate, and transfer discoveries that transform the world's knowledge economy.

Our vision is to make SUNY the best place for faculty, students, and staff to research, innovate and solve the world's most pressing problems.

The RF serves SUNY by providing essential administrative services that enable faculty to focus their efforts on educating students and performing life-changing research across a wide range of disciplines including Artificial Intelligence, Clean Energy, Biotechnology, Longevity, Substance Addiction, Nextgen Quantum Computing, Environmental Health, and Resiliency. We work with the academic and business leadership of SUNY campuses to facilitate research and discovery by administering sponsored projects and delivering intellectual property and technology transfer services that fuel innovation and move ideas and inventions to the marketplace.

The RF is committed to diversity, inclusion, and a working environment that enhances productivity creates personal and professional opportunities, unleashes everyone's full potential, and fuels innovation. We hold the organization and each other to the highest standards of integrity, accountability, and ethical behavior.

Visit www.rfsuny.org and connect with us on Facebook, Twitter, and LinkedIn. Learn about SUNY at www.suny.edu.

Job Description:

FUNCTION & SCOPE:

The Office of Compliance Services is looking for a professional with strong analytical skills to work in and support the implementation of the Research Foundation's Internal Controls Program. The incumbent will interact with all levels of the Research Foundation and SUNY constituents, and report to the Deputy Compliance Officer. With a focus on internal controls and risk management, the individual will be primarily responsible for assisting with audit remediation, enterprise risk management, and process review. The individual will also provide compliance advice, perspective, and analysis; interpret legal and regulatory obligations related to compliance matters; and assess and analyze compliance risks and trends.

Risk Management and Internal Control Activities:

Assists with the evaluation of the effectiveness of the company's internal control framework in addressing risks and accomplishing the company's goals and objectives
Supports enterprise risk assessment process
Facilitates the preparation of the risk dashboard, risk heat maps, and related documentation for presentation to management
Conducts risk assessments and identifies gaps between risks and current controls
Works with department VP's, Directors, functional owners, and campus stakeholders to provide advice on the Research Foundation's Internal Control Methodology, to identify and mitigate risks with appropriate controls, and monitor and test controls
Documents all activities pursuant to appropriate standards and maintains reports of significant risks and recommendations
Assists with the development of training and technical support to management and employees regarding risk management strategies and programs
Monitors major and critical risk issues and elevates them to more senior levels when appropriate
Monitor the implementation of controls or corrective actions
Reviews Internal Audit reports, letters, and related material and advises management on the implementation of recommended remedial action
When required, coordinate the management response to Internal Audit reports, letters, or related materials issued by the Internal Audit Department
Assist management in remediating findings identified through the audit or monitoring processes to ensure identified deficiencies are addressed consistent with regulatory requirements, the internal control methodology, and relevant RF policies
Prepares reports upon request for leadership, and the Board assessing remedial efforts
Assist with the RF's corporate insurance program at the direction of the Deputy Compliance Officer

Other Duties:

Perform other duties as assigned in support of the implementation of the Research Foundation's Compliance Program

Requirements:

Skill Requirements:

2 years' experience in Audit, Compliance, Risk Management, Internal Controls, or related fields preferred
Ability to manage projects while adhering to the highest ethical standards
Ability to work independently with minimal supervision or direction
Ingenuity and persistence to obtain information not readily available with an eye for detail
Be adaptable and able to meet deadlines on assignments, juggle multiple demands, and to work with all types of individuals
Strong skills in negotiating, relationship building, problem solving, and time problem escalation
Excellent written and oral communication skills
Excellent time management and organizational skills
Detail oriented, but able to quickly understand the larger or strategic picture
Understanding of higher education administration and grants management preferred

Qualifications:

Proficiency in MS Office (Word, Excel, and PowerPoint).
Background in Accounting, Risk Management, Insurance or related field.
Bachelor's degree preferred with 1-2 years' experience or an equivalent combination of education and experience.

Compensation for this position: The compensation for this role is between $58,655 to $67,022. The pay will depend on a variety of factors that may include but are not limited to experience, education, training, and certifications.

Additional Information:

As an Equal Opportunity / Affirmative Action Employer, The Research Foundation for SUNY will not discriminate in its employment practices due to an applicant's race, color, creed, religion, sex, pregnancy-related conditions, reproductive health decisions, childbirth or related medical conditions, sexual orientation, gender identity or expression, transgender status, age, national origin or ancestry, marital status, familial status, citizenship, physical and mental disability, prior arrest or conviction record, genetic characteristics/genetic information, predisposition or carrier status, domestic violence victim status, military status or service, veteran status, or any other characteristics protected under federal, state or local law. The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

Review of applications will begin immediately and continue until the position is filled.

The Research Foundation for the State University of New York is not an agency or instrumentality of the State of New York. Employees of the Research Foundation for the State University of New York are not state employees, do not participate in any state retirement system, and do not receive state fringe benefits. The Research Foundation for the State University of New York operates under a contract with The State University of New York and receives no directly appropriated state funding.

Application Instructions:

Applicants interested in applying MUST submit the following documents:

1. Resume/CV
2. Cover Letter

After submitting your resume/CV, the subsequent pages enable you to upload your cover letter and additional documents.

Returning Applicants can Login to your RF SUNY Careers Account to review your application.

To apply, visit https://rfsuny.interviewexchange.com/jobofferdetails.jsp?JOBID=183162